Telegram founder Pavel Durov announced the platform will introduce a native, non-custodial Gram wallet directly into every Telegram application this summer. The announcement, made on July 21, triggered a more than 10% price surge for Gram (formerly Toncoin) within a 24-hour period, with the token rallying from roughly $1.44 to an intraday peak near $1.59. Durov characterized the rollout as enabling instant zero-fee crypto transactions for over a billion users. The integration aims to make Gram the default currency within Telegram's ecosystem by giving users complete ownership of their private keys through a non-custodial design embedded directly in the messaging app.
Telegram Announces Native Gram Wallet Integration This Summer
Pavel Durov declared that the messaging platform will introduce a native, non-custodial Gram wallet directly into every Telegram application this summer. Durov stated: "This summer will see the largest rollout of a non-custodial crypto wallet in human history. Instant zero-fee crypto transactions for over a billion users are about to become reality. We're bringing a native non-custodial Gram wallet to every Telegram app!"
The integration addresses a barrier to entry in Web3 by giving users complete ownership of their private keys and assets. Unlike traditional custodial wallets managed by centralized exchanges, a non-custodial design provides users direct control. The functionality will be embedded directly into a platform with over one billion monthly active users.
GRAM Price Climbs More Than 10% Following Announcement
Gram climbed by more than 10% over a 24-hour window, rallying from roughly $1.44 to an intraday peak near $1.59 before stabilizing. Trading volume more than doubled as investors positioned themselves ahead of the summer rollout. At the time of writing, GRAM is changing hands around $1.52 to $1.55.
The surge builds on the network's rebrand from Toncoin to Gram on June 15, which secured an 81.22% approval vote from the community. Telegram took over network development in May, implementing a sixfold reduction in transaction fees to lay the groundwork for fee-free transfers.
Technical Analysis Shows Resistance at $1.60-$1.62
The daily GRAM/USDT chart shows buyers defended the $1.47 support region, which coincides with the 0.236 Fibonacci retracement level. GRAM continues to trade below its major exponential moving averages (EMAs)—including the 20-day, 50-day, 100-day, and 200-day EMAs—which are clustered between $1.56 and $1.72, acting as overhead resistance.
The Relative Strength Index (RSI) has recovered to the 45–57 range, signaling that immediate selling pressure has eased.
- Immediate Resistance: Sits between $1.60 and $1.62, where the 0.5 and 0.618 Fibonacci retracement levels converge. A daily close above this zone could expose secondary upside targets at $1.74 and $1.84.
- Ultimate Upside Target: Extended resistance and technical projections point toward the $2.14 level, aligning with the 1.618 Fibonacci extension.
- Downside Support: Immediate support rests at $1.47, with deeper downside protection located near the $1.40–$1.43 region.
TON Network Implements Catchain 2.0 and Fee Reductions
The broader TON and Gram ecosystem has seen infrastructure upgrades. These include the implementation of Catchain 2.0 for faster block finality and the rollout of Agentic Wallets to support automated AI interactions on-chain. The Catchain 2.0 upgrade reduced block times from around 2.5 seconds to under 1 second, allowing the network to process blocks faster and distribute validator rewards more frequently.
A scheduled token unlock releasing approximately $52 million worth of GRAM tokens introduces potential near-term supply inflation that traders are monitoring alongside the wallet launch announcement.
FAQ
What did Telegram announce regarding Gram wallets?
Telegram founder Pavel Durov announced that the platform will introduce a native, non-custodial Gram wallet directly into every Telegram application this summer. The wallet will enable instant zero-fee crypto transactions for over one billion users and give users complete ownership of their private keys.
How much did GRAM price increase following the announcement?
Gram climbed by more than 10% over a 24-hour window, rallying from roughly $1.44 to an intraday peak near $1.59 before stabilizing around $1.52 to $1.55. Trading volume more than doubled as investors positioned themselves ahead of the summer rollout.
When did the TON network rebrand to Gram?
The network rebranded from Toncoin to Gram on June 15, securing an 81.22% approval vote from the community. Telegram took over network development in May and implemented a sixfold reduction in transaction fees.
